Targa Resources Corp. (TRGP)
| Market Cap | 16.97B |
| Revenue (ttm) | 21.82B |
| Net Income (ttm) | 243.50M |
| Shares Out | 226.60M |
| EPS (ttm) | 1.05 |
| PE Ratio | 68.53 |
| Forward PE | 15.75 |
| Dividend | $1.40 (1.95%) |
| Ex-Dividend Date | Oct 28, 2022 |
| Volume | 1,063,698 |
| Open | 75.98 |
| Previous Close | 75.19 |
| Day's Range | 71.51 - 76.07 |
| 52-Week Range | 47.57 - 81.5 |
| Beta | 2.33 |
| Analysts | Buy |
| Price Target | 95.77 (+33.1%) |
| Earnings Date | Nov 3, 2022 |
About TRGP
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering,... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for TRGP stock is "Buy." The 12-month stock price forecast is 95.77, which is an increase of 33.09% from the latest price.
News
Targa Resources Corp. to Participate in RBC Capital Markets Midstream and Energy Infrastructure Conference
HOUSTON, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at th...
4 Solid Stocks to Play the Refining & Marketing MLP Industry
With refining margins remaining extremely healthy, the Zacks Oil and Gas - Refining & Marketing MLP operators like TRGP, CLMT, GLP and NGL should continue to enjoy upside momentum.
Targa (TRGP) Stock Rises 4% Despite Q3 Earnings & Sales Lag
Targa (TRGP) shares rise 4.2% despite its third-quarter earnings and sales missing estimates.
Targa Resources Corp. Reports Third Quarter 2022 Financial Results
HOUSTON, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2022 results.
Why Fast-paced Mover Targa Resources, Inc. (TRGP) Is a Great Choice for Value Investors
Targa Resources, Inc. (TRGP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are ...
Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2022 Earnings Webcast
HOUSTON, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the third quarter of 2022.
Top 5 Large-Cap Stocks Flying High YTD in Terrible 2022
We have narrowed our search to five large-cap stocks that have popped more than 20% year to date. These are: DINO, ENPH, LPLA, SWAV and TRGP.
10 energy stocks that are analysts' favorites as OPEC makes oil-production cuts
The OPEC+ group of oil-producing countries has agreed on a drastic cut to the global supply. The speculation has helped oil reverse its recent declines.
5 Stocks to Buy for October After a Dreadful September
We have narrowed our search to five U.S. corporates that have strong growth potential for the rest of 2022. These are: BLDR, BJ, DINO, CHK, TRGP.
New Strong Buy Stocks for October 4th
CHS, PUMP, TRGP, EC, and RWEOY have been added to the Zacks Rank #1 (Strong Buy) List on October 4, 2022.
Targa Resources Corp. Releases Sustainability Report
HOUSTON, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2021 is now available on the Company's website...
Targa Resources Corp. to Participate in Wolfe Research Utilities, Midstream & Clean Energy Conference
HOUSTON, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings via ...
Fast-paced Momentum Stock Targa Resources, Inc. (TRGP) Is Still Trading at a Bargain
Targa Resources, Inc. (TRGP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several st...
5 High Earnings Yield Value Picks to Counter a Dicey September
In what is historically viewed as the worst month for the stock markets, stay safe by investing in high earnings yield value companies like ALB, WCC, STNG, EWBC and TRGP.
Targa Resources Corp. to Participate in Investor Conferences
HOUSTON, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at t...
How Much Upside is Left in Targa Resources, Inc. (TRGP)? Wall Street Analysts Think 26%
The average of price targets set by Wall Street analysts indicates a potential upside of 26.2% in Targa Resources, Inc. (TRGP). While the effectiveness of this highly sought-after metric is questionable...
Targa (TRGP) Stock Shines SInce Q2 Earnings Beat: Here's Why
Targa Resources (TRGP) paid out a dividend of 35 cents per share, while adjusted free cash flow rose 30.5% from the second quarter of 2021 to $334.1 million.
Targa Resources, Inc. (TRGP) Is Attractively Priced Despite Fast-paced Momentum
Targa Resources, Inc. (TRGP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are ...
Wall Street Analysts Think Targa Resources, Inc. (TRGP) Could Surge 35%: Read This Before Placing a Bet
The average of price targets set by Wall Street analysts indicates a potential upside of 35.5% in Targa Resources, Inc. (TRGP). While the effectiveness of this highly sought-after metric is questionable...
3 Stocks to Leverage Strong Refining & Marketing MLP Fundamentals
With refining margins on a tear, the Zacks Oil and Gas - Refining & Marketing MLP operators like TRGP, CLMT and GLP should enjoy plenty of upside momentum.
Targa Resources Corp. Reports Second Quarter 2022 Financial Results and Increases Full Year 2022 Financial Outlook
HOUSTON, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported second quarter 2022 results.
Strong Permian Outlook Favorable for Midstream
Summary The Permian's abundant resources, favorable economics, established infrastructure, and relative proximity to end markets will result in continued volume growth. While some of the largest public ...
Targa Resources Corp. Completes Acquisition of Lucid Energy
HOUSTON, July 29, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that one of its wholly-owned subsidiaries has completed the previously announced ...